At this stage it is meaningless, considering hospitalizations generally come 2-3 weeks after infection. We would expect them to fall because we are only a little over a week out from the significant loosening of restrictions. During the lockdown, we would expect a significant drop in new infections which led to a significant drop in everything. However, as soon as restrictions loosened and everyone got back out there the new infections resume and you can start the clock for everything else to start rising again on a 2-3 week delay.

For example, we know at least 1 person had it at the big memorial day pool party. We would expect more people from that event to start showing symptoms any time now, but those people will have already spread it to everyone they came near in the last week. As those people either beat the virus or get worse numbers will tick up, then in a week or two the people they infected start showing symptoms, and on and on we go.

By the time hospitalizations are going up consistently, you will have something like a month of lag even if we fully locked down right then before they fall again.